Moneycatcha

Moneycatcha is the company behind Homechain (patent pending AU2016902100), and Regchain (patent pending AU2016904745) that empowers vendors to increase profitability by reducing the loan origination and funding process from an industry average of 42 days to 5 days. Homechain empowers vendors to increase profitability by reducing the loan originatio... n and funding process from an industry average of 42 days to 5 days and is the first truly end to end Loan Origination Platform in Australia. It includes electronic loan documentation, a sophisticated Credit Worthiness Tool and full integration with PEXA, which means the application can move from submission, right through to settlement in one workflow, in one platform. Homechain delivers significant improvements in back office efficiencies and gets funds to market quicker, having an exponential impact on lending and aggregation profit margins. Most importantly it provides a significantly superior client experience, de-risks lending and offers regulation comfort by using the most secure & innovative technology. Regchain is an ongoing residential loanbook Risk Review tool that assists Financial Institutions in complying with and reporting to regulatory bodies like APRA and ASIC in Australia. Using innovative blockchain technology, each loan in the lending portfolio can be analysed for financial movements and variances to assess borrowers ongoing financial conduct. This intuitive technology assists the FI in predicting poor or positive credit conduct, as well as movements in borrowers financial information in real time instead of having to wait until a loan becomes delinquent. Who is behind it?Read More